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Medworxx announces a record number of software license transactions in Q2


Published on 2009-07-21 17:17:53, Last Modified on 2009-07-21 17:18:04 - Market Wire
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 TORONTO, July 20 /CNW/ - Medworxx Inc. ("Medworxx") (TSXV: MWX) announced today that it has closed a record number of software license transactions in the second quarter of 2009, signing contracts with 8 new customers as well as additional business with 3 existing customers. Medworxx provides healthcare solutions for decision support, compliance and education. Today, hospitals throughout North America use the Medworxx software platform to leverage the power of knowledge to increase competency, reduce redundancy, reduce costs, support compliance and simplify distribution of knowledge to staff and patients. The success in the second quarter was represented across multiple products and geographies. Medworxx now has customers in 9 provinces and 17 states. Contracts for the Medworxx Learning Management System were signed with Bloorview Kids Rehab, Kingston General Hospital, and Northumberland Hills Hospital, all in Ontario, and with Greenway Medical Technologies in Georgia and Sonic Healthcare USA in Texas. The Medworxx Policy Document Management System has been licensed by Burntwood Regional Health Authority in Manitoba, MICS Group of Health Services representing 3 hospitals in Ontario, as well as a license with an existing customer in Ontario, and the University of Maryland Medical Center in Maryland. In the quarter Medworxx also signed a license agreement with its first Quebec customer, CSSS du Lac des Deux-Montagnes for the Medworxx Utilization Management System (UMS), as well as additional license agreements with Southlake Regional Health Centre in Ontario and Alberta Health Services, already users of Medworxx UMS. "We are very proud to announce this record number of new license transactions for Medworxx. Our core products are all represented in this quarter's transactions. The acceptance of the Medworxx product suite, in both Canada and the US, continues to grow", said Dan Matlow, President & CEO, Medworxx. "We welcome the new customers to the Medworxx family and look forward to seeing them at our customer conference in October." About Medworxx Medworxx provides healthcare solutions for decision support, compliance and education. Founded in 2004, Medworxx products are now used by more than 500,000 people at over 290 hospitals across North America. Medworxx: our market is healthcare, our vertical is knowledge. For more information, visit [ www.medworxx.com ]. The statements made in this Press Release may contain forward-looking statements that may involve a number of risks and uncertainties. Actual events or results could differ materially from the Company's expectations and projections. The TSX Venture Exchange has not reviewed this press release and neither approved nor disapproved the information contained in this press release. 
For further information: Investor Relations, Chris Worthy, T: (604) 634-3665, Toll Free: 1-866-944-8674, [ cworthy@bellbeaucap.com ]
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